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OⓂ️id 🎩
@omidxyz
The primary reason for $Moxie's sharp declines compared to other tokens in similar conditions is its extremely low liquidity in liquidity pools. The team could have mitigated this by providing incentives or even directly contributing to increase liquidity. Such extreme fluctuations put the project at risk of collapse and drive investors away.
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SQX
@sqx
Was nearly 300% on aerodrome. I have been adding.
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OⓂ️id 🎩
@omidxyz
With this level of volatility, there’s always a risk of impermanent loss. Isnt?
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SQX
@sqx
How do you provide liq without IL? I didn’t understand moxie/moxie pairing.
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